Satyam ADR to Delist from NYSE - What are my options?

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jigz787
Member since: Aug 04

Posts: 773
Location: Toronto
Post ID: #PID

Posted on: 25-09-10 10:32:20

Hello desi investors...!!
As you have seen the 25 % drop on Friday for SAY (Satyam Computers) on NYSE when we heard that the company plans to delist the ADR from NYSE. But "Over The Counter" trading will continue for the ADR.
Now my first question is,
I don't know how Over The Counter trading works.

Second question is what happends to my 3000 shares that I bought with my broker 'Questrade'. What are my options?

Thanks in advance

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Satyam ADR to Delist from NYSE - What are my options?

Discussions similar to: Satyam ADR to Delist from NYSE - What are my options?